HANOI (Reuters) – Apple supplier Quanta Computer plans to set up a factory in northern Vietnam, the Vietnamese government said. The company, a MacBook contract manufacturer, on Friday signed an agreement with the authorities of Nam Dinh province, 90 km (56 miles) south of Hanoi, to construct the facility at an industrial park there, the …
Taiwan’s Apple supplier Quanta plans Vietnam factory Read More »
By Steve Holland and David Brunnstrom WASHINGTON (Reuters) – At a summit next week with South Korean leader Yoon Suk Yeol U.S. President Joe Biden will pledge “substantial” steps to underscore the U.S. commitment to deter a North Korean nuclear attack on South Korea, a senior U.S. official said on Friday. “We are working extraordinarily …
Biden to pledge steps to deter nuclear attack on South Korea -officials Read More »
By Kirsty Needham and Praveen Menon SYDNEY (Reuters) -A review of Australia’s defence force warns A$42 billion in overspending on defence projects by the previous government means “difficult decisions and tradeoffs” must be made for new capabilities, according to excerpts shared with the media. Anthony Albanese’s Labor government will on Monday release its response to …
Australia faces difficult decisions as it boosts defence capability -review Read More »
By Blake Brittain (Reuters) – Computer-memory company Netlist Inc convinced a federal jury in Texas on Friday to award it more than $303 million for Samsung Electronics Co’s infringement of several patents related to improvements in data processing. The jury in Marshall, Texas determined after a six-day trial that Samsung’s “memory modules” for high-performance computing …
Samsung hit with $303 million jury verdict in computer-memory patent lawsuit Read More »
By Jayshree P Upadhyay (Reuters) – India’s market regulator is planning to permit a new category of mutual fund schemes where asset managers’ charges will partly be linked to performance, according to an official document reviewed by Reuters and a source directly familiar with the matter. As part of the proposal, the Securities and Exchange …
Indian regulator plans to allow mutual funds with performance-based fees Read More »
By Deep Kaushik Vakil (Reuters) – Gold prices fell sharply on Friday and were headed for their worst week in eight as hawkish remarks by U.S. Federal Reserve officials through the week bolstered bets for at least one more interest rate hike and buoyed the dollar. Spot gold dropped 1.2% to $1,979.63 per ounce by …
Gold retreats to mark weekly loss on hawkish Fed Read More »
(Reuters) – Guatemalan President Alejandro Giammattei will visit Taiwan April 24 to 26, his office said Friday, following a recent visit by Taiwanese leader Tsai Ing-wen to Guatemala. The Guatemalan delegation will pitch the country as a destination for investment, the Guatemalan presidency said in a statement, and will tour several companies with the hopes …
Guatemala’s Giammattei to visit Taiwan April 24-26 Read More »
By Ankit Kumar (Reuters) -Freeport-McMoRan Inc’s first-quarter profit more than halved as the copper miner struggled with an industry-wide talent crunch and warned that tight labor market conditions would persist in the U.S. through the year. Its shares fell 5.6% to $39 on Friday after the company also cautioned that protests in Peru remain an …
Freeport-McMoRan signals more pain from labor shortages as profit slumps Read More »
WASHINGTON (Reuters) -South Korea’s Washington ambassador Cho Hyun-dong said on Friday he was sure North Korean human rights would be given significant attention in summit talks between South Korean President Yoon Suk Yeol and U.S. President Joe Biden next week. In a virtual address to the same event at Washington’s Center for Strategic and International …
South Korea says summit with Biden to give significant attention to North Korea rights Read More »
By Sabrina Valle and Nidhi Verma HOUSTON/NEW DELHI (Reuters) – South America’s fastest growing oil producer has turned down the Indian government’s request for discounted crude oil purchases during trade discussions, Guyana Vice President Bharrat Jagdeo said on Thursday. Guyana’s oil production in total has tripled from a year ago to about 380,000 barrels of …
Guyana rules out offering crude oil export discounts to India Read More »
